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Tuesday, June 23, 2026

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Tag: Card-Based Banking

Iran Says Card-Based Banking Hit by Cyberattack on Three Lenders

June 23, 2026

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An English-language digital media outlet with a spotlight on the global Iranian community. #kayhanlife

By Olivia Le Poidevin GENEVA, June 23 (Reuters) –

By Olivia Le Poidevin
GENEVA, June 23 (Reuters) – Iran alone will decide how to use assets that are unfrozen under a deal with the United States, an Iranian envoy said on Tuesday, denying Washington would have any control over the funds or that they must be used to buy U.S. commodities.

The U.S. waived sanctions on Iran for 60 days from Monday after the talks in Switzerland on turning an interim deal into a lasting peace agreement. Frozen Iranian assets worth about $12 billion are expected to be released under the initial accord.

Vice President JD Vance said on Monday the U.S. and Qatar would have control over the funds when they are unfrozen, and that the money ⁠could be spent on U.S. corn, soy and wheat.

Ali Bahreini, Iran‘s ambassador to the United Nations in Geneva, said on Tuesday the two sides had held “very good talks” but challenged Vance’s statement on use of the assets.

“Iran is the only country to decide what to do with its assets, which are going to be defrozen, and so I reject any claim about that if there would be any role for any other country to have an influence on those decisions or on those processes,” Bahreini told reporters in Geneva.

WASHINGTON, June 23 (Reuters) – U.S. President Don

WASHINGTON, June 23 (Reuters) – U.S. President Donald Trump insisted on Tuesday that Iran has agreed to allow nuclear inspections long into the future, despite statements from Iran that it has not done so.

“Iran has fully and completely agreed to highest level Nuclear inspections long into the future (Infinity!!!),” he wrote in a social media post. “This will insure ‘Nuclear Honesty.’ If they did not agree to this, there would be no further negotiations!”

Iran has denied it had begun discussions on its nuclear program or agreed to invite International Atomic Energy Agency inspectors back to the country.

Trump also said that the United States would leave ships in the Strait of Hormuz in case it becomes necessary to reimpose its blockade of Iranian ports, something he said was “at this point, highly unlikely.” He added that 19 million barrels of oil flowed out of the Hormuz Strait on Monday.

The United States waived sanctions on Iran for 60 days from Monday after the first talks under a nascent peace deal.

Trump on Tuesday said the funds that the U.S. Treasury is releasing will go into escrow under U.S. control and will be used to buy food and medical supplies exclusively from the United States, including corn, wheat, and soybeans.

“These are things that are desperately needed by Iran. This is a humanitarian crisis, and I feel it is necessary to help, NOW, before it is too late,” Trump wrote.

(Reporting by Doina Chiacu; editing by Susan Heavey)

By Alexander Cornwell and Steven Scheer JERUSALEM,

By Alexander Cornwell and Steven Scheer
JERUSALEM, June 23 (Reuters) – A former Israeli prime minister acknowledged on Tuesday that Israel had smuggled Starlink internet receivers into Iran to help anti-government protesters, though he said Prime Minister Benjamin Netanyahu’s government failed to follow through on the plans.

Naftali Bennett, who served as prime minister from 2021 to 2022, told an audience at the JNS International Policy Summit in Jerusalem that he had initiated a “process of acquiring and smuggling into Iran tens of thousands of Starlink receptors that would allow continuity of the internet and social networks”.

Starlink, owned by Elon Musk’s SpaceX SPCX.O, provides satellite internet connections. Iran has previously accused Israel and the United States of smuggling in the devices to undermine its security. Starlink is not licensed to operate in Iran but Musk has previously said the service is active there.

DUBAI, June 23 (Reuters) – Iran‘s state-owned bank

DUBAI, June 23 (Reuters) – Iran‘s state-owned banking technology provider said on Tuesday that cyberattacks disrupted card-based banking services at Bank Melli, Bank Saderat and Bank Tejarat.

This had prompted a temporary suspension of all card-related operations at the three banks to prevent further unauthorized access, the company told state TV, with cybersecurity teams working to restore normal operations.

The company’s public relations head said ATM services, point-of-sale terminals and mobile applications linked to card systems were all affected.

Major banks including Melli, Saderat, Tejarat and the Export Development Bank of Iran have faced disruptions first reported on June 14 after a cyberattack targeting a shared communication infrastructure, Iran‘s banking coordination council has said.

Iranian state media said those took several days to resolve.

Officials have said the earlier incident, which Iranian media reported took several days to resolve, did not compromise customer data. There has been no official statement on who Iran thinks was behind the recent cyberattacks.

Iranian authorities have previously blamed hostile foreign actors such as Israel for similar incidents. Israel has previously not commented on such allegations.

(Reporting by Dubai Newsroom; Editing by Alexander Smith)

LONDON, June 23 (Reuters) – The U.S. has started w

LONDON, June 23 (Reuters) – The U.S. has started waiving some sanctions on Iran under their interim deal to end the war, but fully unravelling a tangled web of restrictions on the country’s activities and trade under any more comprehensive agreement will be much harder.

This is why any effort to lift sanctions on Iran could take years and why foreign investment might take a long time to return:

WILL SANCTIONS ON IRAN BE LIFTED?

Sanctions, trade embargoes and asset freezes have been imposed by the U.S., the United Nations, the European Union and other countries for decades over its nuclear programme, human rights record and support for groups around the region.

Iran now hopes to gain further sanctions relief through talks on its nuclear programme as the next phase of the interim deal unfolds.

Gaining long-term relief from sanctions is critical to the prospects of a ruling system that has faced repeated bouts of unrest over recent years including bloodily suppressed mass protests over economic woes in January.

Under a nuclear deal in 2015 most sanctions on Iran were lifted, but that agreement took years to negotiate and after an inconclusive war it may be much harder for both sides to bridge their differences again.

By Maya Gebeily BEIRUT, June 23 (Reuters) – Lebano

By Maya Gebeily
BEIRUT, June 23 (Reuters) – Lebanon heads into a new round of talks with Israel on Tuesday in Washington, with Beirut determined to press ahead with direct negotiations even as they appear to be overshadowed by Iran‘s decision to make Lebanon part of its negotiations with the United States.

Lebanese officials have insisted that face-to-face negotiations with Israel are the only way to secure an end to the war raging since March 2, when armed group Hezbollah fired at Israel in support of Iran and triggered Israeli air and ground attacks that have killed more than 4,000 people in Lebanon.

But four rounds of Lebanese-Israeli talks since April failed to produce a durable ceasefire.

Instead, the longest lull in fighting came this week after Iran and the U.S. agreed a memorandum of understanding that stipulated fighting would halt across all fronts, including Lebanon.

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